For most of us, the terms "money" and "currency" are interchangeable. And in day-to-day life, that's perfectly fine. But understanding the difference between the two is becoming increasingly important, especially as Bitcoin gains traction. This isn’t just semantics; it has huge implications for how we think about finance, policy, and the future of money.
The current state of the global economy is a complex and intriguing topic. Here are a few key points to consider:
The US dollar has been the world reserve currency since the end of World War II
The US has been running a persistent trade deficit, importing goods and services from other countries in exchange for dollars
Countries like China have been running large trade surpluses, but have been investing their profits in US assets rather than their own economy
The global monetary system is facing a crisis, with many experts predicting a significant shift in the way money is valued and traded
A summary of the the various factors that contribute to individuals feeling ensnared in what can be aptly described as "The Matrix."
This phenomenon often leads people to conform, submit, and obey societal norms and expectations without fully realizing the implications of their actions.
I am writing to connect with you and discuss a thought-provoking comparison that has recently caught my attention.
The comparison revolves around the gold reserves held in Fort Knox (or any nation state for that matter), with growing concerns over the apparent absence of recent audits, as opposed to the unique transparency offered by Bitcoin.
For most of us, the terms "money" and "currency" are interchangeable. And in day-to-day life, that's perfectly fine. But understanding the difference between the two is becoming increasingly important, especially as Bitcoin gains traction. This isn’t just semantics; it has huge implications for how we think about finance, policy, and the future of money.
Chop chop - going from one liquidation to another! Accumulate bitcoin and be patient.
And make sure you have some dry powder gold (PAXG)
Largely unaffected by the carnage, we do not currently hold alt-coins in this strategy - want to know why? Listen here
As requested, we are doing a followup on the article we published on dollar cost averaging. If you haven’t read the original article, here is a link: DCA strategies (includes enhanced RSI version).
We have had many requests from visitors to our site to provide a service to notify them when the daily “RSI 90” DCA strategy triggers a buy signal for gold, bitcoin and our RAAINDEX strategy.
If you would like to be added to the mailing list (small monthly cost) to receive a weekly email with this information (format below), use the contact page to let us know and we will arrange to sign you up.
Gold - 7/7 buys signals (month to date incl. 26th Sep - 19 buys signals)
BTC - 1/7 buys signals (month to date incl. 26th Sep - 1 buys signals)
RAAINDEX - tbc (*)
This publication is general in nature and is not intended to constitute any professional advice or an offer or solicitation to buy or sell any financial or investment products. You should seek separate professional advice before taking any action in relation to the matters dealt with in this publication. Please also note our disclosure here
